17 Jan 2024 , 01:00 PM
L&T Construction’s Buildings & Factories (B&F) business secures a substantial order in India and Oman.
The Residential Business of B&F has received a repeat order from the Government Planning & Development Authority, Maharashtra, for the construction of EWS Housing, 14 towers, and associated infrastructure in Navi Mumbai.
The scope of work encompasses the design and construction of civil structures, including finishes, MEP (Mechanical, Electrical, Plumbing), and external development works. The project is scheduled to be completed within 42 months.
Additionally, L&T Oman entity, through its B&F business, has been awarded a contract for a mixed-use development project in Muscat by a reputed private client.
The Muscat project involves the construction of a 3-star hotel with 80-key rooms, 101 serviced apartments, a 23-key residential apartment and office block, along with common basement facilities, service buildings, external works, and landscaping.
The value of the significant order falls between Rs 1000 crore and Rs 2500 crore, as per L&T’s categorization of order values.
L&T is a multinational company engaged in EPC (Engineering, Procurement, and Construction) projects, hi-tech manufacturing, and services, operating in over 50 countries worldwide.
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